ARMADA HOFFLER PROPERTIES, INC. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.57 USD | +0.67% |
|
+0.67% | -14.55% |
| Apr. 02 | Armada Hoffler Commits to Retaining Wework as a Tenant in Premier One City Center Building | CI |
| Mar. 25 | Armada Hoffler Announces Appointment of F. Blair Wimbush to the Board of Directors | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,017 | 650 | 936.1 | 778.9 | 833.8 | 709 | - | - |
| Enterprise Value (EV) 1 | 1,017 | 650 | 936.1 | 778.9 | 833.8 | 709 | 709 | 709 |
| P/E ratio | 44.8 x | 29.5 x | 89.5 x | 12.4 x | -247 x | 106 x | -62.2 x | -24.6 x |
| Yield | 4.58% | 3.92% | 4.2% | 6.09% | 6.27% | 7.66% | 7.81% | 8.04% |
| Capitalization / Revenue | 6.72 x | 3.9 x | 4.87 x | 3.55 x | 3.49 x | 2.89 x | 2.83 x | - |
| EV / Revenue | 6.72 x | 3.9 x | 4.87 x | 3.55 x | 3.49 x | 2.89 x | 2.83 x | - |
| EV / EBITDA | 11 x | 5.98 x | 8.36 x | 5.69 x | 5.42 x | 4.14 x | 3.99 x | 3.97 x |
| EV / FCF | - | - | - | - | - | - | - | - |
| FCF Yield | - | - | - | - | - | - | - | - |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 55,423 | 57,934 | 61,505 | 67,730 | 67,401 | 67,073 | - | - |
| Reference price 2 | 18.35 | 11.22 | 15.22 | 11.50 | 12.37 | 10.57 | 10.57 | 10.57 |
| Announcement Date | 2/6/20 | 2/11/21 | 2/10/22 | 2/14/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 151.3 | 166.5 | 192.1 | 219.3 | 238.9 | 245.2 | 250.1 | - |
| EBITDA 1 | 92.5 | 108.7 | 112 | 136.9 | 153.9 | 171.3 | 177.6 | 178.7 |
| EBIT 1 | 37.94 | 48.74 | 40.7 | 63.97 | 57.75 | 47.91 | 47.12 | - |
| Operating Margin | 25.07% | 29.28% | 21.18% | 29.17% | 24.17% | 19.54% | 18.84% | - |
| Earnings before Tax (EBT) 1 | 31.77 | 36.68 | 24.71 | 99.81 | 8.992 | 0.2965 | -12.76 | -39.74 |
| Net income 1 | 29.59 | 36.96 | 13.91 | 82.46 | -4.49 | -7.069 | -20.29 | -43.53 |
| Net margin | 19.55% | 22.2% | 7.24% | 37.6% | -1.88% | -2.88% | -8.11% | - |
| EPS 2 | 0.4100 | 0.3800 | 0.1700 | 0.9300 | -0.0500 | 0.1000 | -0.1700 | -0.4300 |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| FCF margin | - | - | - | - | - | - | - | - |
| FCF Conversion (EBITDA) | - | - | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - | - | - |
| Dividend per Share 2 | 0.8400 | 0.4400 | 0.6400 | 0.7000 | 0.7750 | 0.8100 | 0.8250 | 0.8500 |
| Announcement Date | 2/6/20 | 2/11/21 | 2/10/22 | 2/14/23 | 2/22/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 49.56 | 49.46 | 54.64 | 55.22 | 53.74 | 55.69 | 56.22 | 59.95 | 62.91 | 59.84 | 60.75 | 61.08 | 61.47 | 61.85 | 64.06 |
| EBITDA 1 | 29.01 | 29.05 | 32.4 | 34.66 | 34.18 | 36.06 | 35.19 | 39.73 | 44.58 | 38.12 | 43.46 | 42.93 | 43.63 | 45.11 | 45.04 |
| EBIT 1 | 12.12 | 9.616 | 13.79 | 15.57 | 16.66 | 17.95 | 16.62 | 19.85 | 22.12 | 2.85 | 11.78 | 11.8 | 11.71 | 12.61 | 3.035 |
| Operating Margin | 24.46% | 19.44% | 25.24% | 28.19% | 30.99% | 32.24% | 29.56% | 33.11% | 35.15% | 4.76% | 19.4% | 19.32% | 19.05% | 20.39% | 4.74% |
| Earnings before Tax (EBT) 1 | 7.706 | 3.023 | 11.98 | 30.75 | 42.55 | 14.54 | 5.605 | 15.22 | 8.733 | -20.57 | -5.796 | -5.764 | -5.588 | -4.88 | -7.994 |
| Net income 1 | 4.861 | 0.361 | 9.289 | 27.75 | 33.9 | 11.52 | 2.376 | 11.73 | 5.343 | -23.94 | -1.497 | -2.42 | -2.262 | -0.8899 | -10.77 |
| Net margin | 9.81% | 0.73% | 17% | 50.25% | 63.08% | 20.68% | 4.23% | 19.56% | 8.49% | -40% | -2.46% | -3.96% | -3.68% | -1.44% | -16.81% |
| EPS 2 | 0.0600 | 0.004400 | 0.1100 | 0.3100 | 0.3800 | 0.1300 | 0.0300 | 0.1300 | 0.0600 | -0.2700 | 0.0400 | 0.0100 | 0.0200 | 0.0400 | -0.1100 |
| Dividend per Share 2 | 0.1600 | 0.1700 | 0.1700 | 0.1700 | 0.1900 | 0.1700 | 0.1900 | 0.1700 | - | 0.2050 | 0.2100 | 0.2100 | 0.2100 | 0.2100 | 0.2150 |
| Announcement Date | 11/2/21 | 2/10/22 | 5/3/22 | 8/4/22 | 11/8/22 | 2/14/23 | 5/9/23 | 8/3/23 | 11/2/23 | 2/22/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - |
| ROE (net income / shareholders' equity) | 5.35% | 7.93% | 1.81% | 9.79% | -0.53% | 3.02% | - | - |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex | - | - | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - | - | - |
| Announcement Date | 2/6/20 | 2/11/21 | 2/10/22 | 2/14/23 | 2/22/24 | - | - | - |
1USD in Million
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
4
Last Close Price
10.57
USD
Average target price
11.5
USD
Spread / Average Target
+8.80%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -14.55% | 709M | |
| -15.09% | 12.04B | |
| -13.53% | 7.51B | |
| -1.91% | 5.28B | |
| -7.21% | 5.46B | |
| -11.21% | 5.15B | |
| -9.21% | 4.49B | |
| +0.51% | 4.5B | |
| -1.70% | 4.54B | |
| +3.97% | 3.86B |
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- Financials Armada Hoffler Properties, Inc.
